Crypto Investor MetaKovan Announced as Buyer of $69.3M Beeple NFT
MetaKovan, the pseudonymous founder of non-fungible token (NFT) fund Metapurse, is the proud owner of the Beeple NFT auctioned by Christie’s on Thursday for $69.3 million.
“When you think of high-valued NFTs, this one is going to be pretty hard to beat,” MetaKovan said in a press release issued by the 255-year-old auction house.
MetaKovan paid for Beeple’s “Everydays” in ether (ETH, -2.04%), Christie’s confirmed, beating out Tron founder Justin Sun in a last-minute bid. The final sale price was 42,329.453 ETH. Appearing on CoinDesk TV earlier Friday, Beeple (aka Mike Winkelmann) said, “I probably will keep a percentage of [my earnings] in ether.”
The auction house said its website hosted around 22 million visitors for the final moments of bidding on the most expensive NFT ever sold.
Not much is known about the pseudonymous MetaKovan other than the association with the Metapurse NFT fund, the largest such fund in the world. Metapurse already owns a smattering of Beeple pieces that it has offered to the public in fractionalized form through B20 token sales.
Recommended News
-
Eagle Crest Asset Management and Its AI Ambitions A Global Expansion
Summary: Since its founding in 2019, Eagle Crest Asset Management has been steadfast in its commitment to providing long-term value to clients through professional investment management and meticulous risk control strategies. With a client-first approach, the firm has built a strong reputation for its innovative solutions and personalized investment strategies, which are designed to meet the unique financial goals of each client. As the company evolves, it is turning its focus towards a new frontier: artificial intelligence (AI). Since its founding in 2019, Eagle Crest Asset Management has been steadfast in its commitment…
10/24/2024 -
TA: Ethereum Turns Vulnerable, Why $600 Could Prevent Fresh Increase
Ethereum faced an increase in selling and it declined sharply to $550 against the US Dollar. ETH price is correcting higher, but upsides are likely to remain capped near $595 and $600. Ethereum declined sharply below the $600, $595 and $580 support levels. The price is now recovering from $550, but it is below the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $592 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its decline as long…
12/24/2020 -
Wall Street Veteran Kickstarts Own Bitcoin Fund With $25m Investment
Wall Street has been all over Bitcoin over the past few months due to the growth in the need for an inflation hedge and a relative stagnation in the price of gold relative to other asset classes. This much was confirmed just recently when a Wall Street veteran and former White House staffer launched a BTC fund with his own $25 million investment, showing that there is demand for the leading crypto asset. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Scaramucci Kickstarts Bitcoin Fund According to…
Uncategorized 12/24/2020 -
Pressure
Bitcoin (BTC) trading around $55,736.37 as of 20:00 UTC (4 p.m. ET). Sliding 1.73% over the previous 24 hours. Bitcoin’s 24-hour range: $53,350.37-$56,988.34 (CoinDesk 20) BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Coinbase.Source: TradingView Bitcoin traded in a narrowed range as Monday’s sell-off appeared to subside and prices settled in the mid-$50,000 range for the most of Tuesday. Monday’s decline resulted in some $1.6 billion in derivatives bets being liquidated, second only to the record level that took place on…
03/16/2021 -
Spark Capital Management Consulting Services Limited
Spark Capital Management Consulting Services Limited: Empowering Businesses for Success Introduction In an increasingly competitive global market, businesses seek innovative solutions to thrive. Spark Capital Management Consulting Services Limited stands at the forefront of this transformation, offering a comprehensive suite of consulting services designed to enhance operational efficiency and drive growth. With a commitment to excellence and a deep understanding of industry dynamics, Spark Capital empowers organizations to navigate complex challenges and seize new opportunities. Mission and Vision Spark Capital’s mission is to provide businesses with the strategic insights and…
Uncategorized 10/18/2024 -
TTI LABS will soon be launched on the Firecoin eco-chain with unlimited potential
In the history of human development, innovation is eternal. Behind them, there must be the cooperation and integration of countless people’s ideas. In December, 20 years ago, the official announcement was made on the Firecoin global website, to help developers build decentralized applications flexibly and efficiently, Firecoin announced the official launch of the Huobi ECO Chain (“Heco” for short). With the market value of Bitcoin surpassing $1 trillion, many institutions and ecosystems are running to enter, and various tracks are still starting a war that cannot be seen. TTI LABS,…
02/26/2021 -
Spectrum and Advisor Wechat Capital(AWC)Sharing the future of the financial world
In the deep sea of exploring blockchain technology, a new star is shining – Spectrum. it is not only a project, but an idea, a platform dedicated to create a decentralized, fair and open financial world. A place where everyone is free to conduct financial transactions without worrying about red tape, high fees or unfair rules. Spectrum Project OverviewSpectrum was launched by Advisor Wechat Capital, a financial advisory firm focused on diversified investments.Spectrum aims to disrupt the traditional financial model by addressing the high transaction costs, inefficiencies and opacity of…
Uncategorized 10/24/2024 -
Origin Dollar compensation plan marks progressing maturation of DeFi space
Traders and developers are trending towards greater DeFi depositor protections in unison NEWS On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops. On November 17th, Origin Dollar announced that its yield-bearing stablecoin project had been the victim of a $7 million flash loan attack. While the attack is just another…
12/14/2020 -
Prime XBT: Overall Crypto Exchange Review Prime XBT is a crypto margin trading platform that provides access to global markets with Bitcoin. It offers access to 50+ synthetic-markets which involves trading in crypto, commodities, forex and various stock indexes. It facilitates all trades through a Bitcoin-based account. Moreover, it is one of the prominent platforms for active traders. The company has grown phenomenally over the years. It serves customers in over 150 countries. However, why would you choose a Bitcoin-based exchange amid various crypto exchanges? In this review, I will take…
12/24/2020 -
Sorare will launch on PancakeSwap at 12:00 UTC on May 19th, 2021
According to the latest official news, sorare community, a $50 million NFT platform for digital football, will release its token sorare and launch pancakeswap at 12:00 UTC on May 19th, 2021. According to the community, the government has been contacted to plan the follow-up application of the token. In addition, five members of a football club have been invited to live the interaction. Contract address: 0x5463f3cb2839cb46e6df6e9bb4386688e5b3eda twitter:@SorarePR Telegram:t.me/Sorare_ Exclusive
Uncategorized 05/17/2021